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Associate, Corporate Actions I
0-3 years
₹ 6.3 - 8.5L/yr (AmbitionBox estimate)
Pune
1 vacancy
Associate, Corporate Actions I
BNY
posted 15hr ago
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Flexible timing
Key skills for the job
Job Description
- Corporate Actions - IC1Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts
- Receives guidance from more experienced staff
- With guidance from more senior staff, responsible for processing basic mandatory and voluntary corporate action events (including the daily interpretation, monitoring, scrubbing and notification of corporate action events), processing liability notices, processing and allocating dividend interest payments and processing class action suits
- Reconciles, monitors and posts entitlements to client accounts
- Responsible for daily and monthly outlier review, research and documentation
- Responsible for performing daily reconciliations for cash, security and suspense transactions as well as adhering to established quality control measures and procedures
- Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians and/or custodians
- Works on multiple systems to perform corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and, posting online cash and security transactions
- No direct reports
- May have people management responsibilities in some geographies
- Contributes to the achievement of team goals and objectives
- Bachelors degree in a related discipline or the equivalent combination of education and experience is required
- 0-3 years of total work experience preferred
- Experience in financial services or corporate actions preferred
- Applicable local/regional licenses or certifications as required by the business
Employment Type: Full Time, Permanent
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What people at BNY are saying
Rating based on 80 Associate
reviews
Anonymous · Finance & Accounting
in Chennai
Overall a good company
- Job security - Good
BNY Mellon is undoubtedly a great organization with a strong reputation and excellent opportunities. However, there are areas for improvement, particularly in how employee concerns are addressed. In certain teams, including my own, managers and senior leadership (VPs, AVPs) seem to overlook or dismiss employee feedback, which can cre..Read More
- Salary - Poor
Associate salary at BNY
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BNY Pune Office Locations
Maharashtra 411013
Maharashtra 411006
